We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric …

correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …

objectives through the provision of (catastrophic) natural hazard insurance. This is the case of many OECD countries, notably … hazard insurance develop. This paper has a dual objective: 1) review the complex legal background that rules the provision of … insurance against natural catastrophes in the EU after these major reforms; 2) assess the implications of the reforms and offer …

, EU institutions have encouraged the expansion of agricultural insurance. With different degrees of public support …, insurance systems against several risks have been successfully developed across the EU and have adopted increasingly … comprehensive forms. Eventually, EU institutions have started to assess the development of a comprehensive income insurance …

Providing unemployment insurance is particularly problematic in countries with high informality because workers can … alternative schemes to provide insurance for unemployed individuals. First, it presents an economy that can be calibrated to … unemployment insurance savings account (UISA) scheme can be evaluated. The method is applied to Mexico, and the results show how …